Lattice Semiconductor Corporation (LSCC)
Summary
Lattice Semiconductor: AI Growth, AMI, And The Case For A Strong Buy
I have initiated coverage of Lattice Semiconductor with a Strong Buy and a $200 price target. I estimate Compute & Communications, Industrial & Embedded, and AMI can together support about $1.325 billion of 2027 revenue and $570 million of adjusted EBITDA. The valuation looks expensive on P/E, but much more attractive once I adjust for growth. LSCC's 1.05x FWD non-GAAP PEG sits below the 1.22x sector median.
Lattice Semiconductor Sees AMI Combination Powering $3B AI Data Center Ambition
Lattice Semiconductor NASDAQ: LSCC CEO Ford Tamer and AMI Business Unit leader Sanjoy Maity outlined how the companies' combination is intended to address growing management, control and security demands across AI data centers and physical AI systems.
Lattice Semiconductor: As Compute Complexity Grows, So Does The Opportunity
Lattice Semiconductor has rebounded well from the last downturn, driven by data center infrastructure and industrial automation demand. Q2 revenue surged 62% YoY, with gross margin at 71.7% and operating margin at 38.3%, both exceeding expectations. LSCC's AMI acquisition enhances high-margin recurring revenue potential and significantly deepens the company's data center exposure.
Lattice Semiconductor Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 325 | $24,045.58 | $44,850 | $20,804.42 | 86.52% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 3,956 | $605,110 | $514,398.68 | -$90,711.32 | -14.99% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 300 | $22,074 | $39,030 | $16,956 | 76.81% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 270 | $18,187.24 | $34,052.4 | $15,865.16 | 87.23% |
| NA Nizar Araji National Bank Of Canada /FI/ | 3,769 | $496,033.46 | $490,346.94 | -$5,686.52 | -1.15% |
Lattice Semiconductor Corporation Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 John Vinh Keybanc | 244.88 | $22,957.12 | $31,655.8 | $8,698.68 | 37.89% |
 Srini Pajjuri RBC Capital | 200.95 | $21,341.38 | $24,971.95 | $3,630.57 | 17.01% |
Lattice Semiconductor Corporation (LSCC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Lattice Semiconductor Corporation ever had a stock split?
Lattice Semiconductor Corporation Profile
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Fouad G. Tamer CEO | NASDAQ (NGS) Exchange | 518415104 CUSIP |
| US Country | 1,174 Employees | - Last Dividend | 12 Oct 2000 Last Split | 8 Nov 1989 IPO Date |
Overview
Lattice Semiconductor Corporation is a prominent player in the semiconductor industry, offering a wide range of products globally. Established in 1983 and headquartered in Hillsboro, Oregon, the company has developed a strong market presence across Asia, Europe, and the Americas. Lattice Semiconductor specializes in the development and sale of semiconductor products, leveraging its technology to serve a diverse clientele. The company targets its offerings towards original equipment manufacturers (OEMs) primarily within the communications, computing, consumer, industrial, and automotive sectors. It operates its sales through both direct and indirect channels, including independent manufacturers' representatives and distributors. This strategic approach ensures a broad reach to customers worldwide, reinforcing Lattice Semiconductor's position in the semiconductor industry.
Products and Services
- Lattice Certus and ECP
This product family includes field programmable gate arrays (FPGAs) designed for various applications, offering flexibility and customization for specific project requirements. These products are ideal for developers looking for adaptable and efficient solutions in their semiconductor needs.
- Mach
Another family of FPGAs, Mach products are tailored to deliver high-performance and low-power solutions for a wide range of applications. They are particularly suited for consumer electronics and industrial automation, providing reliable and compact options for designers.
- iCE
The iCE family encompasses FPGAs focused on mobile and handheld devices, emphasizing low power consumption and small form factors. These products cater to the increasing demand for efficient and compact semiconductor solutions in portable devices.
- CrossLink
Specializing in video connectivity, CrossLink products offer high-speed video interface solutions. They are designed to meet the needs of sophisticated video and imaging applications, ensuring seamless and quality data transmission.
- Video Connectivity Application Specific Standard Products
Lattice Semiconductor also offers a range of application-specific standard products (ASSPs) focused on video connectivity. These solutions are crafted to support high-quality video applications, providing reliable and efficient performance for video transmission and processing tasks.
- Technology Licensing
In addition to hardware products, Lattice Semiconductor engages in the licensing of its technology portfolio. This includes standard IP and IP core licensing, patent monetization, and IP services, allowing the company to leverage its technological advancements and innovations, supporting a variety of industry partners and clients.
